CTC Contract Win

RNS Number : 7764A

Gresham Computing PLC

29 December 2014

 

29 December 2014

Gresham Computing plc
("Gresham" or the "Group")
CTC North America contract win

Gresham, the leading software and services company that specialises in providing real-time financial transaction control software to the global matching and reconciliation market, is pleased to announce the following new customer win in North America:

A leading North America based provider of front to back office solutions to global asset managers, insurance companies, custodians, pension funds and banks has contracted to use CTC for the provision of real-time reconciliation and matching services to its customers.

This win further contributes to our CTC revenue forecasts for 2015 and beyond, adding to what has been a strong fourth quarter of CTC wins for the Group.

Chris Errington, CEO of Gresham, commented:

"I am delighted to report this win in North America following the investment we made in the region during the year.  We have now more than doubled CTC customer numbers during 2014, adding some excellent client names to our growing client list, including this North American customer which is a subsidiary of one of the largest financial institutions in the world."

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For further information please contact:

Gresham Computing plc Chris Errington, CEO Rob Grubb, CFO	[phone]
N+1 Singer Shaun Dobson, Head of Corporate Finance Emily Watts	[phone]

 

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